03/20/2012 09:37 EDT | Updated 05/20/2012 05:12 EDT

Nova Scotia finance minister offers budget forecast

HALIFAX - Nova Scotia's finance minister will release his latest budget forecast today with less than a month to go before he tables a new financial plan.

Graham Steele announced in December that the provincial government expected a $365-million deficit for the 2011-12 fiscal year, which ends March 31.

A new figure will be released today, after Steele delivers a pre-budget speech to the Halifax Chamber of Commerce.

Steele has said the NDP government is sticking with its plan to balance the budget by 2013-14.

The next provincial budget will be tabled in early April.

The finance minister has already said there will be no tax increases in his spring budget.